CH Company's balance sheet at December 31, 2018 reports the following: Inventory at cost Less: Allowance to reduce inventory to market Net $42,000,000 5,500,000 $36,500,000 CH Company follows U.S. GAAP and uses the lower-of-cost-or-market rule for inventory. At December 31, 2019, the following data is available: Cost under LIFO Current Replacement Cost $420 per unit $365 per unit Expected Selling Price $400 per unit Estimated Disposal Costs $50 per unit Normal Profit Quantity of Ending Inventory 25% of selling price 100,000 units Required: At December 31, 2019, should CH value its inventory at: 1) Cost or Market? 2) At what amount per unit? $ Use "-" sign for negative amount, as needed. Use commas and decimal, as needed